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Results (10,000+)
Daniel Dietz PPP Programs AND Unemployment Benefits at the same time?
27 June 2020 | 3 replies
I am NOT usually able to qualify in my state, but I do believe I would be eligible for the 'bonus $600 per week'.If I file and get the unemployment, and THEN the PPP funds come through at some point, can i continue the unemployment since "I am not working" (being under the shelter in place order) of do I need to count the PPP payments as 'working income/wage'?
Jack Komson 800 K house for my income?
9 April 2020 | 1 reply
Title will be on both of us, morgage only on me.3) 31 years old4) a stable job at a large corporation that I started 6 months ago: $159k base salary+10% bonus+$15k special bonus+$16k in stock for next 4 years (vested annually); good health insurance5) $10k car loan6) no other debt7) pregnant wife (1 child coming soon)8) wife is a university student and still has 2 more years; $16k in annual tuition.
Marc Turenne Which Type of Property to Begin Investing Journey
10 April 2020 | 5 replies
Also will be easier to find a deal in most market.The bonus of multiple doors and one roof, with the scalabilty of multi-family is attractive.If you can find an awesome deal on the multifamily, I'd take it. 
Zach Cummins How has a Real Estate mentor/coach helped you invest?
15 May 2020 | 30 replies
The second thing I want to tell you is I'm going to give you a bonus, (he takes out his checkbook, and writes this check out) "and I don't want you to look at it until you sit down to car and drive away, deal?"
Jm McNabb Is seller financing a safe option
12 April 2020 | 8 replies
The value to the buyer can add up to a very sizeable amount of money; typically pays the up-front lender fee to lower the interest rate, which results in accumulating paid interest savings for the buyer as long as the buyer owns the property, or for the life of the loan; may add up to many tens of thousands of dollars; make sure you check the fine print of the lender's loan lock provisions; be sure your seller's money is truly paying down the loan rate as opposed to paying other lender charges to the buyer.  3.Seller-Funded Temporary BuydownsBuydowns can also be structured to adjust the buyer-paid interest rate for a limited number of years; can cover the first two, three or four years or more of the buyer's loan; allows your seller to reduce the buyer's ongoing loan cost (monthly payment) considerably.4.Owner FinancingA willing seller may be able to keep their selling price intact by offering financing to a buyer; for a seller who needs to sell as soon as possible for the best possible price; expands the potential market for buyers to those who might not qualify with a lender for any number of reasons relating to their credit, verifiable income, or other issues; seller creates an 'investment" that can produce an annuity with a very good rate of return for many years; seller needs to become very well educated on how to qualify a potential buyer (how to get credit, income, debt ratio, and other accurate personal historical data on the buyer-and how to verify that data); seller needs legal advice to review contract documents, as well as title and escrow services to conduct a title search and closing; buyers attracted to seller financing may have income sources including part- time work, bonus income, royalty income, dividend and interest income from investments, or they may be newly self employed; seller who finances needs to get a substantial down payment and ensure that the property is adequately insured by the buyer and that initial property taxes are pre-paid and a tax payment plan is established; if the buyer stops paying, the seller will have to proceed like a bank or other lender and foreclose on the buyer. 5.Contract for DeedA contract for deed agreement to purchase is similar to a seller-financed purchase.
Aiyman Khan How to practically make a distribution in an S corp
11 April 2020 | 4 replies
Would it be mage through a W-2 paycheck as bonuses, or a separate check/bank withdrawal, or paid at the end of year etc...
David Chase Real Estate Agent Career
13 April 2020 | 10 replies
Since they brought me a client that I didn't have before, they would get a referral bonus once we did a deal.
David Osborn Accelerated depreciation question
15 April 2020 | 5 replies
I did use bonus depreciation for the cost of furniture, but I lumped the property improvements (mainly new hvac, water heater, windows) in with the building and depreciated all of it under the standard 27.5 years period, since I didn't "need" additional depreciation benefits for 2019.
Richard Arden Took to big of a deduction this year??
15 April 2020 | 3 replies
Now, if there were some grey areas where you made a decision to write something off immediately as opposed to depreciate it, such as through the De Minimus Safe Harbor, or you chose Bonus Depreciation instead of choosing to depreciate it over its useful life, that's one thing.This is probably the sixth time in the last 2 weeks I've heard "my mortgage broker suggests I show income of $60,000 this year" or "my mortgage broker wants to know if you can move this from Schedule E to Schedule C" and any other number of complete bull-oney that makes me wonder what the heck these brokers think they are doing. 
Heather Lewis No changes to passive loss rules in the new tax bill ?
16 April 2020 | 2 replies
If so, it seems like the only benefit is the change in depreciation bonus rules from 50% to 100% - if PALs haven't changed.Now, I need to go figure out where I would see about bonus depreciation in my last 2 tax forms, and see if I need to amend them.